Vistance Networks Q3 sales fall 5.4% to $319.7 million; new $100 million buyback
Vistance Networks reported third-quarter 2026 net sales of $319.7 million, down 5.4% from $337.8 million a year earlier, while GAAP income from continuing operations was $54.7 million, or $0.24 per diluted share, compared with a loss of $18.9 million a year earlier. The company also revised its full-year adjusted EBITDA guidance to $180 million to $200 million, which it attributed mainly to customer demand being pushed into 2027, and authorized an additional $100 million share repurchase.
Key points
- Net sales $319.7 million, down 5.4% year over year; Aurora non-GAAP adjusted EBITDA rose 5.0% to $56.8 million
- GAAP income from continuing operations $54.7 million ($0.24 per diluted share) vs. a $18.9 million loss a year earlier; cash used in operations was $57.5 million
- Full-year adjusted EBITDA guidance revised to $180 million to $200 million; the filing does not state the prior range
- New $100 million buyback is in addition to $250 million previously announced; $225 million had been used through October 30, 2026, and cash totaled $683.1 million at September 30
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.